Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (FOB) - 2023
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (CIF) - 2023
  3. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland
  4. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (FOB) - 2023

In November 2023, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $5,638 per ton, dropping by -4.2% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 15% against the previous month. The export price peaked at $6,697 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($7,434 per ton), while the average price for exports to Italy ($4,730 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (CIF) - 2023

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $6,174 per ton in November 2023, with an increase of 4.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 67% m-o-m. As a result, import price attained the peak level of $10,654 per ton. From July 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,339 per ton), while the price for Australia ($3,894 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland

Exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses from Switzerland fell sharply to 1.6K tons in 2022, dropping by -21.7% on 2021 figures. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 2K tons, and then shrank markedly in the following year.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses reduced to $10M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $11M, and then dropped in the following year.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,8931,8162,6563,14418.4%
Finland1,0188079461,3259.2%
Germany1,1721,1881,2351,139-0.9%
United States858304605816-1.7%
Singapore29325068354723.1%
Turkey3253076934077.8%
Brazil2202384682757.7%
Poland383198331259-12.2%
China377217412254-12.3%
United Kingdom280219251248-4.0%
South Africa14517757223016.6%
Others1,8261,7892,1281,362-9.3%
Total8,7887,51110,98310,0084.4%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Switzerland in 2022:

  1. Italy (572.1 tons)
  2. Finland (260.6 tons)
  3. Germany (191.9 tons)
  4. United States (90.5 tons)
  5. Singapore (70.5 tons)
  6. Turkey (56.8 tons)
  7. Brazil (42.3 tons)
  8. China (37.9 tons)
  9. South Africa (35.6 tons)
  10. United Kingdom (34.2 tons)
  11. Poland (33.6 tons)

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland

In 2022, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Switzerland soared to 594 tons, growing by 20% compared with 2021. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses soared to $3.9M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2273451,0661,64093.3%
China23044978585054.6%
Germany5173784786678.9%
Italy21077.935140624.6%
Vietnam37.690.616.381.329.3%
France32627611260.8-42.9%
Mexico6.726.314.555.0101.7%
Canada34.346.319544.99.4%
Others192262257109-17.2%
Total1,7821,9513,2753,91430.0%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Switzerland in 2022:

  1. Hungary (342.6 tons)
  2. Germany (82.5 tons)
  3. China (79.0 tons)
  4. Italy (47.6 tons)
  5. Vietnam (11.5 tons)
  6. Mexico (11.4 tons)
  7. France (5.5 tons)
  8. Canada (4.0 tons)

Source: IndexBox Market Intelligence Platform

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